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Published on 12/31/2010 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Malaysia's Country Heights redeems RM 150 million 3%-8% bonds of 2011

By Marisa Wong

Madison, Wis., Dec. 30 - Country Heights Holdings Bhd. announced that it redeemed its RM 150 million of 3% to 8% redeemable secured bonds due Dec. 30, 2011 on Dec. 30.

The company previously extended the redemption and maturity date for the bonds to allow it time to finalize refinancing arrangements for redeeming the bonds.

Based in Kuala Lumpur, Country Heights is involved in property development and tourism.


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